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India shares higher at close of trade; Nifty 50 up 0.90%

Published 2017-08-30, 06:45 a/m
© Reuters.  India shares higher at close of trade; Nifty 50 up 0.90%
NSEI
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NIFVIX
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BOSH
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CIPL
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HALC
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HDFC
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IOC
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MAHM
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APSE
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NTPC
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PGRD
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RELI
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TEML
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BSESN
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BSEMET
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BSEOIL
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BSEREAL
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Investing.com – India equities were higher at the close on Wednesday, as gains in the Metals, Oil & Gas and Real Estate sectors propelled shares higher.

At the close in NSE, the Nifty 50 added 0.90%, while the BSE Sensex 30 index added 0.82%.

The biggest gainers of the session on the Nifty 50 were Indian Oil Corporation Ltd. (NS:IOC), which rose 4.22% or 18.35 points to trade at 452.85 at the close. Hindalco Industries Ltd. (NS:HALC) added 3.98% or 9.05 points to end at 236.35 and Bosch Ltd (NS:BOSH) was up 3.56% or 771.85 points to 22465.20 in late trade.

Biggest losers included Tech Mahindra Ltd (NS:TEML), which lost 1.39% or 6.00 points to trade at 425.75 in late trade. Mahindra & Mahindra Ltd. (NS:MAHM) declined 1.23% or 16.95 points to end at 1360.00 and Cipla Ltd. (NS:CIPL) shed 0.19% or 1.10 points to 566.35.

The top performers on the BSE Sensex 30 were Reliance Industries Ltd (BO:RELI) which rose 2.12% to 1564.15, Adani Port and Special Economic Zone Ltd (BO:APSE) which was up 1.94% to settle at 389.65 and Housing Development Finance Corporation Ltd (BO:HDFC) which gained 1.83% to close at 1759.50.

The worst performers were Mahindra & Mahindra Ltd. (BO:MAHM) which was down 1.28% to 1360.10 in late trade, Power Grid Corporation of India Ltd (BO:PGRD) which lost 0.35% to settle at 215.05 and NTPC Ltd (BO:NTPC) which was down 0.30% to 168.00 at the close.

Advancing stocks outnumbered falling ones by 1171 to 368 and 18 ended unchanged; on the Bombay Stock Exchange, 1738 rose and 764 declined, while 113 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 4.84% to 12.8875.

In commodities trading, Gold Futures for December delivery was down 0.10% or 1.32 to $1317.58 a troy ounce. Meanwhile, Crude oil for delivery in October fell 0.58% or 0.27 to hit $46.17 a barrel, while the November Brent oil contract fell 0.45% or 0.23 to trade at $51.43 a barrel.

USD/INR was down 0.08% to 63.961, while EUR/INR fell 0.29% to 76.4223.

The US Dollar Index Futures was up 0.15% at 92.41.

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